Coinbase Eases Crypto Payments with Apple Pay in Onramp

user avatar

by Giorgi Kostiuk

2 years ago

Coinbase, the largest cryptocurrency exchange in the US, announced the integration of Apple Pay into its Onramp payment solution to simplify cryptocurrency acquisition.

Apple Pay Integration in Coinbase

Coinbase announced the addition of Apple Pay to its payment solution for converting fiat currencies into cryptocurrency. This feature is detailed in the exchange's developer documentation and aims to reduce complications associated with funding self-custody wallets.

Goals and Features of Coinbase Onramp

Coinbase Onramp offers a one-click purchasing feature that minimizes steps required to convert fiat currency into cryptocurrency. The toolkit includes a software development kit and APIs embedded in apps and browser extensions. It supports a wide range of wallets including MetaMask, Rainbow, Phantom, and Coinbase Wallet.

Using crypto often involves too many hassles, and users give up as a result.

Reactions and Outlook

The product was quietly rolled out to a select group of customers just before Thanksgiving in the US. Coinbase acknowledges the challenges of onboarding users to crypto, including lengthy KYC procedures and the need for multiple apps. The integration of Apple Pay aims to simplify the process and attract a broader user base.

The addition of Apple Pay to Coinbase Onramp reflects the company's efforts to simplify cryptocurrency usage and make it accessible to a wider audience.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin Core Release Candidate Fixes SQL Connection Pool Deadlock

The latest release candidate addresses a deadlock issue in the SQL connection pool, crucial for node reliability.

user avatarElias Mukuru

Bitcoin Core's October 22 Release Candidate Enhances Wallet Security

The October 22 release candidate of Bitcoin Core introduces important changes to enhance wallet security by bounding fee estimates.

user avatarDiego Alvarez

Solana Launches Create for Branded Yield-Bearing Tokens

On October 22, Solana launched Create, a platform designed to simplify the issuance of branded yield-bearing tokens.

user avatarKenji Takahashi

Key Themes and Expectations for Ripple's Upcoming Conference

Key themes for Ripple's upcoming conference include payments, tokenization, stablecoins, and XRP utility, aiming to provide insights into financial relationships and technical settlement processes.

user avatarGustavo Mendoza

World Discusses Challenges in Transaction Risk Screening

World discusses the complexities of transaction risk screening, highlighting the need for thorough verification of participants and payment destinations.

user avatarRajesh Kumar

Ripple's Swell and Apex Conference Scheduled for October

Ripple's Swell conference is scheduled for October 27-29 in New York, merging with the Apex developer gathering to discuss payments, tokenization, stablecoins, and XRP utility.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.